In the globalised world of wealth management, compliance and regulation have never been easier. Banks and other wealth management institutions and disruptors have been subject to a deluge of new regulations, more scrutiny, and harsher penalties for violations. The sudden arrival of the COVID-19 variant has again dashed hopes of a greater normalisation of travel, […]
Today, every large organization has several legacy applications that it would like to decommission. However, even if an application is no longer in direct operational use, it can hold valuable information that organizations may need for reference and for compliance reasons. To maintain the defunct system, it would not only be an issue of unnecessary […]
Introduction to Credit Decision Engine In today’s digital era, lenders are facing tremendous pressure to provide quick and accurate decisions on loan applications. Credit decision engines (Not to be confused with credit score factoring system) have emerged as a game-changer for lenders by enabling them to make informed lending decisions in real-time. A credit decision […]
Digital On-boarding: In banking, digital onboarding is an automated process that gives customers access to financial products and services. This may include opening a bank account, taking out a loan, or simply creating an account with a digital bank. Digital transformation in on-boarding process: In recent technology environment, the banking industry across the globe are […]
Digital transformation – are you ready for it? Digital transformation is an organisation’s adoption of digital technology to digitise non-digital products, services or operations. Its implementation aims to increase value through innovation, invention, customer experience or efficiency. Here at Brickendon we have done just that working with a Global Financial Institution to achieve digital success […]
Financial Markets Insights brings together the best minds in the financial and capital markets industry to discuss all the latest trends and news.
In this episode, Alan Vear – Director of Brickendon Consulting – met with podcast host George Aliferis to discuss the $200 or $300 trillion question of the transition to IBOR.
Wealth Management firms are facing challenges in providing the right set of information about their clients and about product & market details to their Relationship Managers which is impacting the efficiency and meaningfulness of client meetings. This is reflected in the major trends observed in the area of Wealth Management: Improved client experience and advisor […]
Where compression seeks to offset economically similar trades to reduce notional, optimisation seeks to free up committed margin and capital by placing a series of market risk-neutral trades.
A more sophisticated methodology has been introduced for calculating capital requirements with the aim of better capturing systemic risk; the downside being an increased regulatory burden on the banking system.
Inspired by use in the tech industry, financial firms are embracing biometrics as a way of improving banking security.